One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects, an approach called
A. six sigma quality.
B. concurrent engineering.
C. value chain management.
D. ISO 9001.
E. just-in-time (JIT).
Answer: A
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Purchasing equipment by issuing a six-month note should be shown on the statement of cash flows under theinvesting activities section
a. True b. False Indicate whether the statement is true or false
Value premises represent our descriptive view of how the world behaves.
Answer the following statement true (T) or false (F)
A full warranty means:
A. it has to cover the whole product and not cover only part of the product. B. the warrantor will fix or replace any defective product free of charge. C. the warrantor is required to fulfill the warranty terms if the problem was caused by damage to the product through unreasonable use. D. it excludes and limits payments for consequential damages.
Completed but unsold units for a manufacturing firm would be included in which of the following accounts?
a. Pending-Sale Inventory b. Finished Goods Inventory c. Work in Process Inventory d. Materials Inventory